








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New York at 353 W 56th St APT 3K, New York, NY, 10019 generates $4,781/mo in rent and, after a $3,279/mo payment, leaves $307/mo in cash flow. Total monthly income is $4,781/mo, and annual cash flow is $3,686/yr on $220,430 invested. Return on cash invested sits at 21.73% in year one, and rental yield is 8.56% on a $670,000 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation builds toward $185,109 over five years. Five-year ROI reaches 113.25% and total cumulative return in cash sums $249,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,781/mo property income rather than buyer’s personal income.
Condo
Built in 1929
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10019, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,231 (100%) |
| Owner Occupied HU | 4,717 (13.4%) |
| Renter Occupied HU | 24,438 (69.4%) |
| Vacant Housing Units | 6,076 (17.2%) |
| Median Home Value | $962,650 |
| Average Home Value | $1,201,466 |
Residential
31,630
Single Family
93
Multi-Family
31,537
Businesses
3,077
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Erik Ternon • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1798012